HKS Co., Ltd. (JASDAQ:7219) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 2.63% of its issued share capital for ¥80 million. The purpose of the program is to implement a flexible capital policy in response to the changes in the business environment.

The shares will be repurchased in accordance with article 156, section 3 of the Companies Act. The program will run until August 31, 2015. As of June 8, 2015, the company had 3,802,424 outstanding shares excluding treasury shares and 197,576 shares in treasury.